Success stories

EU4Business helps DCFTA Information Centre provide Georgian SMEs with knowledge of EU market requirements Later this month, the EU4Business project “SME Development and DCFTA in Georgia” will mark one year since the signing of a Memorandum of Understanding (MoU) with the Georgian Chamber of Commerce and Industry (GCCI). The MoU laid the groundwork for cooperation on development of the Chamber’s...

With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), the company representing AVIS car rentals in Georgia has turned around its business, transforming its web presence and more than doubling sales. AVIS was the first company to rent cars at airport locations, back in 1946 in Detroit. Today, visitors arriving at Tbilisi, Batumi and Kutaisi international...

Agroland, a small processing factory in western Georgia, plays an important role in promoting locally grown agricultural products. The family-run business brings aromatic bay leaves from beautiful Georgian villages with sometimes hard-to-pronounce names to the kitchens of European and global consumers. “Our suppliers are mainly farmers from neighbouring villages,” says the owner, Aleksandre...

“What defines us is how well we rise after falling.” This quote describes perfectly the wine industry of the Republic of Moldova, which slowly but surely has found the strength to recover after the Russian Federation’s embargoes, imposed first in 2006 and then in 2013. The wine export restrictions imposed by Russia in 2006, at a time when Russia was the main market for Moldovan wines and...

Most businesses in Georgia are small and medium-sized enterprises (SMEs), accounting for 94% of businesses and 43% of all jobs. Yet they contribute only 18% to the country’s GDP, meaning there is significant room for growth if ways are found to unlock and tap into their potential. Both the Georigan government and the European Union realise what is at stake, which is why the EU has set support for...

Many small and medium-sized enterprises (SME) in Armenia feel that their main problems start at their own borders, with the taxes and customs regulations applied by the Armenian authorities. However, few of them raise these issues, as most entrepreneurs are concerned about confidentiality and the consequences of their actions – factors that create obstacles to business development. This is where...

“ In our region, agriculture has always been predominant. As I always liked the industry, I wanted to become engaged by creating something new ,” says Andrii Vyacheslavovich Isichenko, who found support for his ambition from the European Fund for Southeast Europe (EFSE) and the EU4Business initiative in Ukraine. “I decided to engage in the production of flexible packaging, made of propylene. This...

There are many ingredients that go into making good wine: the grape varieties, the terroir – that mythical combination of soil, topography, and climate – and of course the expertise of the winemaker. But behind the glamour and the heritage, winemaking is also an industry that requires its entrepreneurs to have the right equipment for the job. With the support of EU4Business , two companies in the...

“It is very hard to compete with European producers such as France, Italy or Spain, but it is not impossible!” … especially with the help of EU4Business. Dmitry Gheorgiev, the administrator of Agrogled SRL, has invested more than €4 million in planting new varieties of grapes and buying wine-making equipment and technology in southern Moldova, thanks to EU4Business and the European Investment...

“My life story is not easy. An orphan at the age of 15, I started my own business and faced many challenges along the way. With support from others, I was able to manage these tough times. I love my team and make sure that I repay my debt to society by being available to my customers and partners,” says Tatyana. Starting small, Tatyana Ivanovna Yaremchuk met the challenges of developing her small...